LEADER 04877oam 22012134 450 001 9910788224303321 005 20230721045706.0 010 $a1-4623-0026-X 010 $a1-282-84434-2 010 $a1-4527-7023-9 010 $a1-4518-7380-8 010 $a9786612844348 035 $a(CKB)3170000000055377 035 $a(SSID)ssj0000940759 035 $a(PQKBManifestationID)11499073 035 $a(PQKBTitleCode)TC0000940759 035 $a(PQKBWorkID)10956005 035 $a(PQKB)11478044 035 $a(OCoLC)680613667 035 $a(MiAaPQ)EBC1608857 035 $a(IMF)WPIEE2009233 035 $a(EXLCZ)993170000000055377 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aExcessive Lending, Leverage, and Risk-Taking in the Presence of Bailout Expectations /$fAndréas Georgiou 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a25 p. $cill 225 1 $aIMF Working Papers 300 $a"October 2009." 311 $a1-4519-1798-8 320 $aIncludes bibliographical references. 330 3 $aThe financial crisis that began in 2007 has brought to the fore the issues of excesses in lending, leverage, and risk-taking as some of the fundamental causes of this crisis. At the same time, in dealing with the financial crisis there have been large scale interventions by governments, often referred to as bailouts of the lenders. This paper presents a framework where rational economic agents engage in ex ante excessive lending, borrowing, and risk-taking if creditors assign a positive probability to being bailed out. The paper also offers some thoughts on policy implications. It argues that it would be most productive for the long run if lending institutions were not bailed out. If the continuing existence of an institution was deemed essential, assistance should take the form of capital injections that dilute the equity of existing owners. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/233 606 $aFinancial crises$xEconometric models 606 $aEconomic policy$xMathematical models 606 $aFinancial risk 606 $aCapital market 606 $aGlobal Financial Crisis, 2008-2009 606 $aBanks and Banking$2imf 606 $aFinancial Risk Management$2imf 606 $aMoney and Monetary Policy$2imf 606 $aIndustries: Financial Services$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancial Crises$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aFinancing Policy$2imf 606 $aFinancial Risk and Risk Management$2imf 606 $aCapital and Ownership Structure$2imf 606 $aValue of Firms$2imf 606 $aGoodwill$2imf 606 $aFinance$2imf 606 $aEconomic & financial crises & disasters$2imf 606 $aMonetary economics$2imf 606 $aFinancial services law & regulation$2imf 606 $aFinancial crises$2imf 606 $aCredit$2imf 606 $aLoans$2imf 606 $aProject loans$2imf 606 $aCredit risk$2imf 606 $aFinancial risk management$2imf 615 0$aFinancial crises$xEconometric models. 615 0$aEconomic policy$xMathematical models. 615 0$aFinancial risk. 615 0$aCapital market. 615 0$aGlobal Financial Crisis, 2008-2009. 615 7$aBanks and Banking 615 7$aFinancial Risk Management 615 7$aMoney and Monetary Policy 615 7$aIndustries: Financial Services 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancial Crises 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aFinancing Policy 615 7$aFinancial Risk and Risk Management 615 7$aCapital and Ownership Structure 615 7$aValue of Firms 615 7$aGoodwill 615 7$aFinance 615 7$aEconomic & financial crises & disasters 615 7$aMonetary economics 615 7$aFinancial services law & regulation 615 7$aFinancial crises 615 7$aCredit 615 7$aLoans 615 7$aProject loans 615 7$aCredit risk 615 7$aFinancial risk management 700 $aGeorgiou$b Andréas$01509581 712 02$aInternational Monetary Fund.$bStatistics Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788224303321 996 $aExcessive Lending, Leverage, and Risk-Taking in the Presence of Bailout Expectations$93741547 997 $aUNINA LEADER 05410nam 22006615 450 001 9910595055503321 005 20260126103755.0 010 $a9783031165795 010 $a3031165799 024 7 $a10.1007/978-3-031-16579-5 035 $a(MiAaPQ)EBC7084975 035 $a(Au-PeEL)EBL7084975 035 $a(CKB)24819559400041 035 $a(PPN)26495307X 035 $a(OCoLC)1344542230 035 $a(DE-He213)978-3-031-16579-5 035 $a(EXLCZ)9924819559400041 100 $a20220907d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aComputational Logistics $e13th International Conference, ICCL 2022, Barcelona, Spain, September 21?23, 2022, Proceedings /$fedited by Jesica de Armas, Helena Ramalhinho, Stefan Voß 205 $a1st ed. 2022. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2022. 215 $a1 online resource (479 pages) 225 1 $aLecture Notes in Computer Science,$x1611-3349 ;$v13557 311 08$aPrint version: de Armas, Jesica Computational Logistics Cham : Springer International Publishing AG,c2022 9783031165788 320 $aIncludes bibliographical references and index. 327 $aMaritime and Port Logistics -- Hybrid Berth Allocation for Bulk Ports with Unavailability and Stock Level Constraints -- A self-adaptive hybrid search technique with its application to the quadratic semi-assignment, and berth allocation problems -- The Continuous Multi-port Berth Allocation Problem with Speed Optimization -- Optimization of a Ship-based Logistics System for Carbon Capture and Storage -- A Linear Time Algorithm for Optimal Quay Crane Scheduling -- Impact of Rubber-Tired Gantry Crane Dimension on Container Terminal Productivity -- Vehicle Routing and Urban Logistics -- Fleet Size Control in First-mile Ride-sharing Problem -- ILS-RVND algorithm for Multi-trip Pickup and Delivery Problem, with Split Loads, Profits and Multiple Time Windows -- The Biobjective Consistent Traveling Salesman Problem -- Optimized dispatch of fire and rescue resources -- Industrial waste collection optimization: a real-world case study in Northern Italy -- Solving a School Bus Routing Problem in Rural Areas: An Application in Brazil -- Hinterland intermodal transport routing as an added value tool for port community systems: a Colombian case study -- Integrated path planning and task assignment model for on-demand last-mile UAVbased delivery -- Dynamic Time Slot Pricing using Delivery Costs Approximations -- The Green Sequencing and Routing Problem -- The Long-haul Transportation Problem with Refueling Deviations and Time-dependent Travel Time -- The Dynamic Drone Scheduling Delivery Problem -- Integrating clustering methodologies and routing optimization algorithms for last-mile parcel delivery -- Warehousing and Location -- SLAPStack: A Simulation Framework and a Large-Scale Benchmark Use-Case for Autonomous Block Stacking Warehouses -- Locating hydrogen production in Norway under uncertainty -- Oblivious Stacking and MAX k-CUT for Circle Graphs -- How can a refrigerated warehouse be used to store energy? -- CrossLog: Automatic Mixed-Palletizing for Cross-Docking Logistics Centers -- Supply Chain and Production Management -- A framework on centralised to decentralised logistics control structures applied in two case studies -- Risk-Aware Procurement Optimization in a Global Technology Supply Chain -- Freight Costs Versus Service Level: Optimizing the Distribution of a Materials Trader -- Reference model for data-driven supply chain collaboration -- Heuristics for single-item dynamic lot-sizing with rework of internal returns -- A Carbon-Aware Planning Framework for Production Scheduling in Mining -- Multi-shift Worker Assignment Problem with a Heterogeneous Workforce in Semiautomated Electronics Production. 330 $aThis book constitutes the refereed proceedings of the 13th International Conference on Computational Logistics, ICCL 2022, held in Barcelona, Spain, in September 2022. The 31 papers presented in this volume were carefully reviewed and selected from 64 submissions. They were organized in topical sections as follows: Maritime and Port Logistics; Vehicle Routing and Urban Logistics; Warehousing and Location; Supply Chain and Production Management. 410 0$aLecture Notes in Computer Science,$x1611-3349 ;$v13557 606 $aTechnology$xSociological aspects 606 $aInformation technology 606 $aInformation and Communication Technologies (ICT) 606 $aLogística industrial$2thub 606 $aSistemes d'informació$2thub 606 $aProgrames d'ordinador$2thub 608 $aCongressos$2thub 608 $aLlibres electrònics$2thub 615 0$aTechnology$xSociological aspects. 615 0$aInformation technology. 615 14$aInformation and Communication Technologies (ICT). 615 7$aLogística industrial 615 7$aSistemes d'informació 615 7$aProgrames d'ordinador 676 $a658.7 702 $aRamalhinho$b Helena 702 $aVoss$b Stefan 702 $aArmas$b Jesica De 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910595055503321 996 $aComputational Logistics$92915811 997 $aUNINA